Summary: Contribute to the development, analysis, and management of Property & Casualty insurance products. Collaborate with teams to optimize product offerings, pricing, and underwriting for competitiveness and profitability.
Responsibilities:
Product Development:
- Research market trends and customer needs for new P&C insurance products.
- Assist in designing product features and coverage options.
Analysis and Enhancement:
- Evaluate existing products for performance and suggest improvements.
- Recommend pricing adjustments and underwriting guideline changes.
Pricing Strategy:
- Collaborate with actuaries to determine optimal pricing strategies.
- Review and adjust pricing models as needed.
Regulatory Compliance:
- Ensure products adhere to industry regulations and standards.
Cross-Functional Collaboration:
- Work with underwriting and marketing for effective product strategies.
- Assist in developing marketing materials and training.
Data Analysis and Reporting:
- Analyze product performance and generate actionable reports.
- Provide data-driven recommendations for enhancements.
Qualifications:
- Bachelor's degree in relevant field.
- P&C insurance industry experience preferred.
- Strong analytical and communication skills.
- Proficiency in data analysis tools.
- Knowledge of insurance regulations and trends.
- Detail-oriented and accountable.